As strange as it may sound, Luther and Nora Krank, the award winning couple for their cheerful Christmas spirit, have decided for the first time, to skip this year's annual festivities when their daughter, Blair, departs for Peru after joining the Peace Corps. With the intention to save the staggering amount of $6,000 plus spent on previous year's holiday season, they are determined to invest the money on a sun-drenched, 10-day Caribbean cruise, much to their friends and neighbors' chagrin. However, that is easier said than done, and before long, menacing phone calls and angry protests on the snow covered pavements will betray that there is definitely no easy way out for Luther and Nora who has turned their backs on Christmas. And then, unexpectedly, Blair and her new fiance, Enrique, are coming home, unbeknownst to them that the empty family nest is far from ready for the event. Can Luther and Nora "generate" Christmas out of nothing in less than a few hours?